RadNet Acquires West Coast Radiology, Significantly Increasing RadNet's Orange County, California Presence
RadNet, Inc. (Nasdaq: RDNT) today reported it has executed a definitive agreement to acquire the assets of West Coast Radiology, which include five multi-modality imaging centers in Orange County, California.
The facilities located in Anaheim, Santa Ana/Tustin, Irvine and Mission Viejo/Laguna Niguel operate a combination of MRI, CT, ultrasound, mammography, x-ray and other related modalities. The five centers should add approximately $17 million of revenue to RadNet on an annualized basis.
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